Pomanda estimates the enterprise value of ME III LIMITED at £2 based on a Turnover of £4 and 0.45x industry multiple (adjusted for size and gross margin).
me iii limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ME III LIMITED at £0 based on an EBITDA of £0 and a 3.3x industry multiple (adjusted for size and gross margin).
me iii limitedEstimated Valuation
£2
Pomanda estimates the enterprise value of ME III LIMITED at £2 based on Net Assets of £1 and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Me Iii LimitedOverview
Me Iii Limited is a live company located in west sussex, BN11 1QP with a Companies House number of 07255614. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2010, it's largest shareholder is
cabot financial (uk) limited
with a 100% stake. Me Iii Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£4.5 with
unknown
growth in recent years.
Pomanda's financial health check has awarded Me Iii Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
1 Regular
5 Weak
Size
annual sales of £4.5, make it smaller than the average company (£4.8m)
£4.5 - Me Iii Limited
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Me Iii Limited
- - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.3%)
17% - Me Iii Limited
38.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Me Iii Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - Me Iii Limited
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Me Iii Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £4.5, this is less efficient (£171.4k)
£4.5 - Me Iii Limited
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (42 days)
81 days - Me Iii Limited
42 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Me Iii Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Me Iii Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Me Iii Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Me Iii Limited
- - Industry AVG
ME III LIMITED financials
EXPORT
Me Iii Limited's latest turnover from December 2023 is estimated at £4 and the company has net assets of £1. According to their latest financial statements, we estimate that Me Iii Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Turnover
4
4
14,850,000
22,351,000
36,641,000
25,421,000
5,026,000
6,105,000
10,027,455
11,282,213
9,883,244
3,488,871
Other Income Or Grants
Cost Of Sales
4
4
8,146,000
10,258,000
8,346,000
6,756,000
2,794,000
1,122,000
5,960,612
7,433,029
6,134,749
1,581,644
Gross Profit
1
1
6,704,000
12,093,000
28,295,000
18,665,000
2,232,000
4,983,000
4,066,843
3,849,184
3,748,495
1,907,227
Admin Expenses
1
154
7,000
19,000
3,000
56,000
3,464
36,574
25,883
Operating Profit
-153
6,704,000
12,086,000
28,276,000
18,662,000
2,232,000
4,927,000
4,063,379
3,812,610
3,722,612
1,907,227
Interest Payable
4,605,000
5,732,000
5,265,000
4,085,000
4,541,000
5,705,000
2,276,000
3,311,000
6,646,406
6,147,066
3,749,538
1,526,861
Interest Receivable
6,798,000
4,364,000
1,842,000
802,000
253,000
289,000
2,000
Pre-Tax Profit
-153
-4,605,000
1,066,000
5,803,000
9,843,000
24,537,000
13,210,000
245,000
1,618,000
-2,583,027
-2,334,456
-26,926
-147,691
Tax
5,727,000
-1,120,000
-1,192,000
-1,273,000
-4,794,000
-13,596,000
72,000
-305,000
252,951
89,840
-86,613
-419,573
Profit After Tax
-153
1,122,000
-54,000
4,611,000
8,570,000
19,743,000
-386,000
317,000
1,313,000
-2,330,076
-2,244,616
-113,539
-567,264
Dividends Paid
36,752,000
7,783,000
Retained Profit
-153
-35,630,000
-54,000
4,611,000
8,570,000
19,743,000
-386,000
-7,466,000
1,313,000
-2,330,076
-2,244,616
-113,539
-567,264
Employee Costs
53,959
51,309
1,976,705
2,966,162
3,406,212
1,187,748
422,820
Number Of Employees
1
1
1
1
43
67
113
81
15
18
30
33
30
11
EBITDA*
-153
6,704,000
12,086,000
28,276,000
18,662,000
2,232,000
4,927,000
4,063,379
3,812,610
3,722,612
1,907,227
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Tangible Assets
Intangible Assets
Investments & Other
16,226,000
Debtors (Due After 1 year)
Total Fixed Assets
16,226,000
Stock & work in progress
19,872,576
19,448,126
31,118,468
17,664,859
Trade Debtors
1
1
9,000
82,276,000
3,000
3,000
1,000
480
Group Debtors
179,174,000
121,444,000
35,929,000
17,519,000
3,311,000
7,488,000
2,192,906
39,435
3,572,372
Misc Debtors
2,000
2,000
250,005
1
Cash
83,000
71,000
62,000
257,000
6,000
1,019,967
1,257,973
856,906
misc current assets
52,118,000
60,291,000
93,796,000
108,157,000
24,202,000
2,173,000
total current assets
1
1
179,174,000
173,656,000
142,638,000
129,792,000
125,936,000
27,514,000
9,667,000
23,335,934
20,706,100
32,014,809
21,237,231
total assets
1
1
179,174,000
173,656,000
142,638,000
129,792,000
125,936,000
27,514,000
25,893,000
23,335,934
20,706,100
32,014,809
21,237,231
Bank overdraft
Bank loan
Trade Creditors
701,000
136
163
Group/Directors Accounts
56,419,000
16,840,000
9,867,000
2,078,000
2,631,663
654,650
11,029,685
7,880,811
other short term finances
6,910,896
8,022,023
hp & lease commitments
other current liabilities
53,370,000
29,193,000
291,000
27,000
640
713,489
693,060
419,573
total current liabilities
56,419,000
53,370,000
29,193,000
17,131,000
9,894,000
2,078,000
701,000
2,632,303
8,279,171
19,744,931
8,300,384
loans
81,398,000
80,489,000
102,309,000
21,849,000
14,067,000
25,959,125
15,352,347
12,950,680
13,504,110
hp & lease commitments
Accruals and Deferred Income
other liabilities
78,027,000
74,387,000
provisions
5,727,000
13,150,000
15,970,000
9,669,000
10,973,000
441,000
513,000
total long term liabilities
87,125,000
84,602,000
82,372,000
90,158,000
113,282,000
22,290,000
14,580,000
25,959,125
15,352,347
12,950,680
13,504,110
total liabilities
143,544,000
137,972,000
111,565,000
107,289,000
123,176,000
24,368,000
15,281,000
28,591,428
23,631,518
32,695,611
21,804,494
net assets
1
1
35,630,000
35,684,000
31,073,000
22,503,000
2,760,000
3,146,000
10,612,000
-5,255,494
-2,925,418
-680,802
-567,263
total shareholders funds
1
1
35,630,000
35,684,000
31,073,000
22,503,000
2,760,000
3,146,000
10,612,000
-5,255,494
-2,925,418
-680,802
-567,263
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Operating Activities
Operating Profit
-153
6,704,000
12,086,000
28,276,000
18,662,000
2,232,000
4,927,000
4,063,379
3,812,610
3,722,612
1,907,227
Depreciation
Amortisation
Tax
5,727,000
-1,120,000
-1,192,000
-1,273,000
-4,794,000
-13,596,000
72,000
-305,000
252,951
89,840
-86,613
-419,573
Stock
-19,872,576
424,450
-11,670,342
13,453,609
17,664,859
Debtors
1
-179,174,000
57,719,000
39,179,000
46,342,000
18,412,000
14,210,000
-4,176,000
5,044,609
2,443,390
-39,434
-3,532,937
3,572,372
Creditors
-701,000
701,000
-136
-27
163
Accruals and Deferred Income
-53,370,000
24,177,000
28,902,000
264,000
27,000
-640
-712,849
20,429
273,487
419,573
Deferred Taxes & Provisions
-5,727,000
-7,423,000
-2,820,000
6,301,000
-1,304,000
10,532,000
-72,000
513,000
Cash flow from operations
-154
179,174,000
-119,632,000
-12,310,000
-326,000
4,030,000
1,415,000
5,707,000
20,663,327
735,505
15,632,628
-6,011,023
-19,330,004
Investing Activities
capital expenditure
Change in Investments
-16,226,000
16,226,000
cash flow from investments
16,226,000
-16,226,000
Financing Activities
Bank loans
Group/Directors Accounts
-56,419,000
56,419,000
-16,840,000
6,973,000
7,789,000
2,078,000
-2,631,663
1,977,013
-10,375,035
3,148,874
7,880,811
Other Short Term Loans
-6,910,896
-1,111,127
8,022,023
Long term loans
-81,398,000
81,398,000
-80,489,000
-21,820,000
80,460,000
7,782,000
-11,892,125
10,606,778
2,401,667
-553,430
13,504,110
Hire Purchase and Lease Commitments
other long term liabilities
-78,027,000
3,640,000
74,387,000
share issue
154
14,554,494
1
interest
-4,605,000
1,066,000
-901,000
-2,243,000
-3,739,000
-5,452,000
-1,987,000
-3,309,000
-6,646,406
-6,147,066
-3,749,538
-1,526,861
cash flow from financing
154
-142,422,000
60,856,000
2,739,000
-25,185,000
-18,586,000
82,797,000
7,873,000
-3,278,294
-973,511
-15,231,561
6,867,929
19,858,061
cash and cash equivalents
cash
-83,000
12,000
9,000
-195,000
257,000
-6,000
-1,013,967
-238,006
401,067
856,906
overdraft
change in cash
-83,000
12,000
9,000
-195,000
257,000
-6,000
-1,013,967
-238,006
401,067
856,906
me iii limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for me iii limited. Get real-time insights into me iii limited's credit score, group structure and payment trends.
Perform a competitor analysis for me iii limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BN11 area or any other competitors across 12 key performance metrics.
82990 - Other business support service activities n.e.c.
incorporation date
May 2010
age
15
incorporated
UK
ultimate parent company
ENCORE CAPITAL GROUP INC
accounts
Dormant
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
marlin house 16-22 grafton road, worthing, west sussex, BN11 1QP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
me iii limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 14 charges/mortgages relating to me iii limited. Currently there are 0 open charges and 14 have been satisfied in the past.
me iii limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ME III LIMITED. This can take several minutes, an email will notify you when this has completed.
me iii limitedCompanies House Filings - See Documents
